PADDEPOELE
ActivePADDEPOELE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €229k and a net result of €-5k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 1722 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▲+7
Solvency52▼-1
Growth72▲+17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.01 in 2024; short-term debt: 73.1% and cash: 2.5% of total assets), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
42 d late
2021
40 d early
2020
33 d late
2019
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€12k▲ 205%
2023 · €4k
2023: €4k
2023 → 2024
EBIT margin
-120.9%▲ 212.9pp
2023 · -333.8%
2023: -333.8%
2023 → 2024
Net result
€-5k▲ 68.7%
2024 · €-15k
2018: €-7k
2019: €-7k
2020: €-7k
2021: €-8k
2022: €-7k
2023: €-13k
2024: €-15k
2018 → 2025
Working capital
€-596k▼ 0.2%
2024 · €-595k
2018: €-534k
2019: €-539k
2020: €-558k
2021: €-566k
2022: €-575k
2023: €-584k
2024: €-595k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4k€12k▲ 205%
Equity€269k-€261k▼ 2.8%€248k▼ 5.1%€233k▼ 5.9%€229k▼ 2.0%
Operating result€-8k-€-7k▲ 10.0%€-13k▼ 80.1%€-14k▼ 10.7%€-4k▲ 70.4%
Net result€-8k-€-7k▲ 9.8%€-13k▼ 78.4%€-15k▼ 11.6%€-5k▲ 68.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €14k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €850k
Fixed assets
€825k▼ 0.4%
Current assets
€25k▲ 219%
Equity and liabilities €850k
Equity
€229k▼ 2.0%
Debt
€622k▲ 3.1%
The debt ratio rises from 72.1% to 73.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▲
2024 · €-11k
Cash flow
€-1k▲
2024 · €-11k
Solvency
26.9%▼
2024 · 27.9%
Current ratio
0.04▲
2024 · 0.01
Quick ratio
0.04▲
2024 · 0.01
Debt / equity
2.72▲
2024 · 2.58
ROE
-2.0%▲
2024 · -6.3%
ROA
-0.5%▲
2024 · -1.8%
Interest coverage
-3.19▲
2024 · -38.29
Debt
€622k▲
2024 · €603k
Debt ≤ 1 year
€622k▲
2024 · €603k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€836k€850k▲
Fixed assets21/28€828k€825k▼
Tangible fixed assets22/27€828k€825k▼
Land and buildings22€827k€824k▼
Plant, machinery and equipment23€2k€602▼
Current assets29/58€8k€25k▲
Amounts receivable within one year40/41€2k€0▼
Trade receivables40€2k€0▼
Cash at bank and in hand54/58€6k€22k▲
Deferred charges and accrued income490/1€210€4k▲
Equity and liabilities
Total equity and liabilities10/49€836k€850k▲
Equity10/15€233k€229k▼
Contributions10/11€392k€392k=
Capital10€392k€392k=
Issued capital100€392k€392k=
Reserves13€29k€29k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€2k€2k=
Other1319€1k€1k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-188k€-193k▼
Amounts payable17/49€603k€622k▲
Amounts payable within one year42/48€603k€622k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Advances received on contracts in progress46€4k€0▼
Other amounts payable47/48€597k€618k▲
Income statement
Code20242025
Turnover70€12k-
Goods, raw materials, services and sundry goods60/61€20k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€-7k€2k▲
Operating profit (loss)9901€-14k€-4k▲
Financial charges65/66B€284€335▲
Recurring financial charges65€284€335▲
Profit (loss) for the period before taxes9903€-15k€-5k▲
Profit (loss) for the period9904€-15k€-5k▲
Profit (loss) for the period to be appropriated9905€-15k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-188k€-193k▼
Profit (loss) brought forward from the previous period14P€-173k€-188k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 42 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 33 days late
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beernem · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Reigerlostraat 68730 BeernemGround area
1,025 m²
Building footprint
391 m²
Volume, LiDAR
3,567 m³
Parcel 31003G0340/00B000, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Reigerlostraat 6, 8730 Beernem
since 20022.031.950.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003G0340/00B000 | Flanders | 1,025 m² | 1 · 391 m² | 14.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BRUNO CHARLIER
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Les Garances
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FERAGRI
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Of 223 companies in sector 01199 we hold annual accounts for 34. 26 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-08-1987
Fiscal year end31-12
Activities, NACEBEL
01199Crop and animal production, hunting and related service activities
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.